Sterlite Technologies Limited (STL), a Pune-based technology company, has implemented salary cuts ranging from 15% to 25% in response to the absence of new orders and mounting business challenges. This move impacts nearly 50% of its employee base.
The optical and digital solutions company will be responsible for end-to-end premise connectivity in the temple, which was inaugurated by PM Modi a day earlier
Sterlite: The move comes close on the heels of its purported restructuring in 2023 that led to an exit of as many as 100 executives including those on top roles.
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